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NATIONAL SAVINGS FOR WAR

Latest Progress Report

Last week a considerable forward move in the National Savings campaign was made when it was announced that receipts in National Savings investment Accounts and from the sale of National Savings Bonds had reached £250,000. The total has now risen to more than £330.000, and. with tile steady increase apparent from day to day, a valuable addition to the war funds will undoubtedly accrue. Ou more than one occasion the question has been asked whether these moneys are to be used exclusively for war purposes and the answer given lias been definitely in the affirmative. The Treasury, which is controlling the scheme, indicates that every penny subscribed. whether from the sale of National Savings Bonds or by deposit in National Savings Accounts, goes direct to the War Expenses Account. In the published accounts each quarter which

are cert Hied by the Controller and Au-ditor-General Hie amount will appear tinder a separate item and. as all moneys in that account tire by law specifically set aside solely for prosecution of the war. the question is thus clarified beyond doubt. The public can therefore rest assured that contributions are playing a real pan in the gigantic struggle iu which Hie Empire is now engaged.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19401116.2.159

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 34, Issue 45, 16 November 1940, Page 13

Word count
Tapeke kupu
209

NATIONAL SAVINGS FOR WAR Dominion, Volume 34, Issue 45, 16 November 1940, Page 13

NATIONAL SAVINGS FOR WAR Dominion, Volume 34, Issue 45, 16 November 1940, Page 13

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